39 Terhune Avenue
About This Property
Step into the heart of the homean open-concept white shaker kitchen with an expansive quartz countertop island, ideal for entertaining and daily living. It's outfitted with high-end appliances including a Thermador 6-burner commercial-grade stove, a commercial-grade hood, a ZLINE built-in microwave recessed into the island, and a sleek LG refrigerator. A deep farmhouse-style stainless steel sink adds both charm and practicality. The adjoining dining and sitting areas, along with the family room featuring high vaulted ceilings, a custom niche, and a storage closet, create an airy and welcoming atmosphere enhanced by recessed lighting and AquaGuard high-end flooring throughout.
The main level includes a bedroom and full bathroom, perfect for guests or multi-generational living. Upstairs, you'll find three additional bedrooms, a full bath with dual sinks and a bathtub, and a bright laundry room with built-in cabinets and a window. The master suite is a sanctuary of its own, offering three closetsincluding a walk-in with California-style built-in organizersand a luxurious master bath complete with his and hers sinks, a walk-in shower, and dual shower heads.
Additional highlights include 9-foot ceilings on the first floor, a fully fenced-in backyard, a built-in summer porch, and a huge oversized deck perfect for outdoor entertaining. The oversized basement offers endless potential for additional living space, a gym, home theater, or playroom. Even the garage has been upgraded with a custom garage door to complement the home's modern aesthetic.
This move-in-ready gem combines impeccable design, premium upgrades, and an unbeatable locationoffering the very best of modern suburban living.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017